Veterinary Services Market 2020 Clinical Reviews by Expert and Healthcare Analysis - VCA; Banfield Pet Hospital; Greencross Limited

Veterinary Services Global Market Report 2020-30: Covid 19 Impact and Recovery

The veterinary services market consists of sales of veterinary services and related goods by entities (organizations, sole traders and partnerships) that provide veterinary services to pets, farm animals and animals kept in zoos and wildlife parks. This industry includes animal hospitals and veterinary clinics that provide consultation services, treatment, curative medicines to animals.

The global veterinary services market is expected to decline from $109.7 billion in 2019 to $84.9 billion in 2020 at a compound annual growth rate (CAGR) of -22.6%. The decline is mainly due to COVID-19 outbreak and the measures to contain it. Several veterinary care facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases. This is because, the global public health organizations have recommended some medical facilities to postpone or cancel non-urgent visits/services, and to prioritize urgent and emergency visits and procedures in order to contain the coronavirus spread. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $133.7 billion in 2023.

Top Leading Companies mentioned are

VCA; Banfield Pet Hospital; Greencross Limited; CVS Group

North America was the largest region in the global veterinary services market, accounting for 51% of the market in 2019. Western Europe was the second largest region accounting for 22% of the global veterinary services market. Africa was the smallest region in the global veterinary services market.

In developed markets the pet insurance industry is offering new product lines for veterinary services. The insurance cover helps pet owners to explore a range of treatment options, ensuring better healthcare of animals. For example, Healthy Paws pet insurance offers insurance for pet illness, accidents, hereditary and congenital conditions, chronic conditions and alternative care.

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Market Segmentation by Types:

1) By Type: Animal Hospitals And Veterinary Clinics; Veterinary Laboratory Testing Services

2) By Type of Animal: Livestock; Companion Animals

3) By Type of Expenditure: Public; Private

4) By Type of Service: Onsite; Offsite

Subsegments Covered: Routine Examinations; Non-surgical Procedures; Surgical Procedures; Pet Animals; Livestock

This report provides a detailed analysis of the Veterinary Services market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

Essential points covered in Global Veterinary Services Market2020 Research are: -

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global Veterinary Services market?
• What are the key markets trends impacting the growth of the global Veterinary Services market?
• What are the challenges to market growth?
• Who are the key vendors in the global Veterinary Services market?
• What are the market opportunities and threats faced by the vendors in the global Veterinary Services market?
• What are the key outcomes of the five forces analysis of the global Veterinary Services market?

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This independent 400 pages report guarantees you will remain better informed than your competition. With over figures examining the Veterinary Services market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2020.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Veterinary Services in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Furthermore, the report provides a detailed analysis of the global Veterinary Services market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Lithium-Ion Batteries market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

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The research includes historic data from 2014 to 2020 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Veterinary Services on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Veterinary Services Market and assist manufacturers and Veterinary Services organization to better grasp the development course of Veterinary Services Market.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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